With over $4 million in the bank, we're looking to retire later this year - what's the best strategy for pulling money from our account?Couple with a $4.5 million portfolio seeks retirement guidance.At mid-30s, retiring with $4.5 million is risky due to education and living costs for children.
My parents think that because we paid off our debt that we have so much more money now and they won't stop asking us for moneyFamily members shouldn't pressure for financial support from each other.It's okay to say no to family demands for money.Professional financial advice can help families avoid financial strain and improve their situations.
With over $4 million in the bank, we're looking to retire later this year - what's the best strategy for pulling money from our account?Couple with a $4.5 million portfolio seeks retirement guidance.At mid-30s, retiring with $4.5 million is risky due to education and living costs for children.
My parents think that because we paid off our debt that we have so much more money now and they won't stop asking us for moneyFamily members shouldn't pressure for financial support from each other.It's okay to say no to family demands for money.Professional financial advice can help families avoid financial strain and improve their situations.
We're in our mid-30s with $5 million in the bank and no debt - can we afford to stop working?High net worth alone doesn't guarantee retirement readiness.
We're in our 40s with a net worth of $4 million and $300k saved for the kids' college - can I quit my soul sucking corporate job?The desire to escape the corporate grind is common, especially among those feeling overwhelmed and underappreciated.
I've been pouring money into my 401(k) and it's nearly $1 million - but is it actually too much?The author feels overwhelmed by family responsibilities while managing retirement contributions, indicating the common struggle between immediate needs and long-term savings.
My parents don't have any retirement savings and jokingly suggest I'll support them - how do I handle this?Navigating financial conversations with family requires empathy, open communication, and involvement from financial advisors to address issues effectively.
I'm 42 and have $2.4 million saved for retirement - what's the best way to project future expenses like weddings?Incorporating extra expenses into your retirement savings plan is crucial for effective long-term financial planning.
We're in our mid-30s with $5 million in the bank and no debt - can we afford to stop working?High net worth alone doesn't guarantee retirement readiness.
We're in our 40s with a net worth of $4 million and $300k saved for the kids' college - can I quit my soul sucking corporate job?The desire to escape the corporate grind is common, especially among those feeling overwhelmed and underappreciated.
I've been pouring money into my 401(k) and it's nearly $1 million - but is it actually too much?The author feels overwhelmed by family responsibilities while managing retirement contributions, indicating the common struggle between immediate needs and long-term savings.
My parents don't have any retirement savings and jokingly suggest I'll support them - how do I handle this?Navigating financial conversations with family requires empathy, open communication, and involvement from financial advisors to address issues effectively.
I'm 42 and have $2.4 million saved for retirement - what's the best way to project future expenses like weddings?Incorporating extra expenses into your retirement savings plan is crucial for effective long-term financial planning.
Labour says cap on school uniform items could save families 50 a childCapping branded uniform items can save families over £50 per child, easing financial burdens.
I've saved for my son's college tuition since he was in the first grade, and it's still not enough. I have 3 other kids to save for, too.Planning for college expenses early is essential, but it may not be sufficient for large families.
I've been pouring money into my 401(k) and it's nearly $1 million - but is it actually too much?The author is uncertain about the adequacy of their retirement savings given their current financial situation and family obligations.
I've saved for my son's college tuition since he was in the first grade, and it's still not enough. I have 3 other kids to save for, too.Planning for college expenses early is essential, but it may not be sufficient for large families.
I've been pouring money into my 401(k) and it's nearly $1 million - but is it actually too much?The author is uncertain about the adequacy of their retirement savings given their current financial situation and family obligations.
More money, more problems: Loss of benefits can stop Floridians from seeking higher payThe Hiott family struggles with a benefits cliff, unable to accept jobs that would help financially without losing essential childcare and healthcare benefits.
I'm a Stay-at-Home-Mom. I'm Worried About What My Husband Does With All of Our Money.Effective communication about finances is vital in a marriage.Build your financial independence through education and accessible resources.Understand your family's complete financial picture, including long-term care needs.
'I pay for my mum's carer and I chip in for bills'A significant number of adult children are financially supporting their aging parents, impacting their own family finances.
I Gave My Friend Money at His Father's Funeral. I Can't Believe What He Spent It On.Memorial donations can be used for funeral costs, which is common though may not meet every donor's expectations.
How much money does a couple with kids have to make in Miami? Look at the living wageCouples in South Carolina must earn a specific amount to support their families in 2024.
Jill On Money: The high cost of parentingChildcare costs in the U.S. are significantly high, surpassing recommended percentages of family income.